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2013 and Earlier - Toyota 4Runner Prices Paid and Buying Experience

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Comments

  • locomolocomo Posts: 29
    All 4unners are made in Japan. Battery is possibly different, but no way the radiator or tranny are different. I'd check out the Florida deal. Better weather this time of year anyway.
  • I have been looking for 2004-2005 4-Runner Limited editions with:

    Navigation system
    V8
    Sun Roof
    Leather interior
    Dual climate control
    4 wheel drive
    Rear bumper sensors and camera

    At this point, I have it narrowed down to two dealers with two options:

    2004, 27,000 miles for just over $30,000 - Beige
    2005, 9,000 miles for $35,000 - Silver

    The only two differences are color (my wife likes silver) and the fact that the 2004 has a built in DVD player, which is not worth that much to me, as I can get a portable DVD player for $79. How much premium should I put on the milage difference in the two?

    Thanks.
  • chuck1chuck1 Posts: 1,405
    The thing is that the '05 is used and doesn't qualify for any factory incentive or rebates. I don't know what rebates are available but you can check. Can you find any new '05- V8s out there? They are discounting them like crazy. I paid 26K for an '05 Sport (2wd) with just 5,000 miles on it. It was a dealer demo so it qualified for all rebates and incentives. The only options were a sunroof and daytime running lights.
  • Chuck,

    Thanks for the response. The 2005 actually "qualifies" as new, since it is a distributor or dealer demo. They didn't offer me any rebates, but they did offer the 1.9%, 5 year financing, which would save me about $1,000 over the 2004 at 5.9%. The NAV system and other perks are driving up the cost of the models that I am considering. I am still negotiating and will try to leverage the other incentives. I love playing hardball with these guys. It's almost like a sport. I will also look at some other new models next week.
  • chuck1chuck1 Posts: 1,405
    "I love playing hardball with these guys. It's almost like a sport. I will also look at some other new models next week."

    Yes, I didn't get the deal I got until my hand was literally on the door of the showroom ready to go home after negotiations hit an "impasse". They really tried low-balling me on the trade, and wanted to use my good credit against me by asking me to finance the difference on the trade. Yea right!
    They are not going to sell many cars between Christmas and New Years, so you are in a good position!
    Good luck and let us know the deal you get!
  • I went with the 2004 Limited V8 fully loaded (NAV system, DVD/Entertainment, Rear bumper camera), with 27,000 miles and negotiated down to $29,000. Not too bad, considering the features, I don't think.

    Any feedback?
  • nepropneprop Posts: 41
    Offer feeback requested from all of you. I'm in New England and I'm being quoted $28.5K for an SR5, 4x4, 6 cyl with the following options AW (Al Wheels), DR (Rack & Cross Bar), RL (Daytime lights), NE (Leather steering wheel with cruise and audio controls), SR (moonroof), TH (3rd row seat), TO (tow hitch). How much lower should I be able to go?? Dealers are trying to maximize their sales by end of 2005 so that they get the best allocation in 2006 (it's part of how the game is played) so if I don't score now, then I'll likely wait until February for President's Day sales.
  • Is it new or used?

    What is the mileage (if used)?

    What model year (if used)?
  • I just had the biggest screw job pulled on me that I've ever seen at Toyota on Nicholasville, near Lexington, KY. I mentioned in an earlier post that I was looking at two cars: one was a used 2004 Limited 4-Runner (at another dealership), and the other was a new (dealer demo) 2005 Limited 4-Runner (at Toyota on Nicholasville). To make a long story short, I underestimated the interest payments on the used 2004 model last night while closing on the car and wanted to reinvestigate 1.9% financing options on the "new" 2005 model at the other dealership. The dealer with the 2004 gave me until noon today to hold the 2004 for me while I did some due diligence investigation at Toyota on Nicholasville for the 2005 model. Earlier in the week, Toyota on Nicholasville's used car manager offered the car to me for $34,500 at 1.9% financing, which seemed too good to be true. At around 11:30 AM today, we made the decision to go with the 2005 model at Toyota on Nicholasville for $34,500 at 1.9%. At that time, the other dealer called me saying that he needed a decision since he had someone ready to buy the 2004 model. Since we were filling out paperwork at Toyota on Nicholasville (which took nearly 3 hours), I released the 2004 model. After 5 hours at Toyota on Nicholasville today, the used car manager comes in and says that he made a mistake and that they can't offer the 1.9% financing on the 2005 model since they miscalculated their costs and would lose money on the deal. The problem that I later learned was that he hadn't cleared it with finance upon his initial offer. They would not work with me on a fair solution, even though they cost me a 4-Runner at another dealership while giving me the run around today. I have a call into their owner, but I will never do business at Toyota on Nicholasville again. I would suggest that anyone on this board follow suit and be very careful if you do negotiate with them.
  • wkeyswkeys Posts: 3
    The dealerships do not set the interest rate, the banks (or lenders) do. If you agree to a certain price for a vehicle, that plus fees and tax is all the dealership gets. The dealership does not make more money by charging a higher interest rate, and does not lose money with a lower rate. That 1.9% is not for everybody. Usually you have to have a beacon (credit) score of 750 or higher.
    Are you more concerned with the monthly payment, or the interest rate? I would pre-qual at the bank or credit union if I were you.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,890
    That isn't exactly accurate...

    The banks set the base rate... but, if the dealer can sell the contract with a higher interest rate than the customer qualifies for, then they most certainly get a bigger commission for selling the loan.. The same as a mortgage broker would on a house loan..

    regards,
    kyfdx
    Host-Prices Paid Forums

    Moderator - Prices Paid, Lease Questions, SUVs

  • The problem is the net spend over 5 years. Toyota on Nicholasville initially offered me the 1.9% financing as part of the end of year Toyotathon promotion. At 1.9%, my total five year spend on a car that costs $34,500 (excluding tax and licensing) is around $36,600. At 6.25% (the rate through my credit union), my total five year spend on $34,500 is around $40,500, which is more than I want to spend on a car. I just have a fundamental problem with a shady dealer offering a price and a rate for a week and then pulling it off the table at the last minute when I'm ready to buy. People make mistakes, but this joker had a week to verify this deal with his finance manager and didn't do it. I suspect that it was part of a bait and switch tactic. They thought they could wear me down over five hours to the point that I'd give in to them.
  • 3ems3ems Posts: 7
    I have a 2001 4runner SR5 with moonroof and I'm looking to upgrade to a 2006,v8,4wd sports, 4runner with moonroof, rear spoiler, 6 disc, dbl cargo with net.

    The best deal I''ve found is from CarsDirect for $31,589 plus tax and tag after $1500 rebate.

    A dealer has one with leather seats(TMV$1,120) for $33,828.

    It seems to me that the dealer is not including the rebate in his price quote since the CarsDirect price plus leather would only be $32,709.

    I'm I wrong to expect a dealer to be able to do this deal at $32,500 plus tax and tag?

    Since I will be paying cash and have a trade (high miles so expecting $13000), does that hurt the deal?

    Does anyone know if Toyota rebate will be extended since it ends Jan 9th?

    Any assistance would be greatly appreciated.
    Thanks.

    3ems
  • tiger93tiger93 Posts: 57
    This past Saturday I took delivery of a new 2006 4Runner Limited V6. I made the purchase from Wilde Toyota in Milwaukee, even though I live in the Minneapolis area, five hours away.

    Wilde Toyota accepted a price $900 lower than any dealer in the Twin Cities. Negotiation began with email on 12/27 and was soon followed up with phone conversations. I conversed with two different sales people in the internet department at Wilde...both very easy to work with.

    I did have problems with the process because on two occasions, Wilde told me they had located my 4Runner and asked me to make the trip to Milwaukee to pick it up. Of course before making the trip, I had them fax me the vehicle detail sheets for each vehicle. On both occasions, they had secured (through dealer trade) the wrong vehicle...wrong options or color.

    Now, I am quite sure this was not done intentionally, but was rather an oversight. Apparently, Wilde sells between 600 and 700 new and used cars a month. With that much volume, it seems they sometimes loose a few important details, like making sure they have found the right car the customer.

    So, I really ended up doing a bit of the work myself in double and tripple checking options, colors, financing terms, etc. But, I did get the exact vehicle I wanted so for me, it was worth the effort.

    Even with those hiccups, I am very satisfied with the price and the service. All the staff I interacted with was polite and helpful. Overall, it was a good experience.

    Here's the details:
    Lease 3yr/25k mile per year (that's right, I drive a ton :sick: )
    Toyota 4Runner V6/Limited
    JBL Synthesis & 6 Disc, DRL's, Tow Pkg, Moon Roof, Spoiler, floor mats.
    MSRP = $39,651
    Cap Cost = $34,850
    MF = .00045 (with Tier 1+ and Encore discount)
    Residual = $18,843
    Payment = $468/mo before tax.
  • 3ems3ems Posts: 7
    I'm now the owner of a new white 2006 4runner,sport,v8, 4x4, moonroof, spoiler, leather seats, valor tip, weather mats and 6 disc for $32119 plus tax and tag.
  • kd232kd232 Posts: 5
    Great Vehicle. From what dealership did you purchase? Sales price?
  • agnostoagnosto Posts: 205
    Is $38,500.00 (including 3% tax) OTD price a good deal for ordering (30-60 days) the following 2006 4Runner?:

    2006 Toyota 4Runner Limited 4WD V8 (5 Speed) Shadow Mica/Stone Leather with the following options:

    DVD Navigation System w/JBL AM/FM/CD and Backup Camera (NV)
    Power Tilt/Slide Moonroof w/Sunshade (SR)
    Daytime Running Lights (RL)
    Toyoguard Protection Group (XY40)
    Carpet/Trunk Mat (Req. DD Cargo System) (PV60)
    Wheel Locks (WL)

    If anyone has done any better deal, please let me know.
  • What's the lowest price that I can expect to pay for this?

    MSRP $32,310 (includes $1,795 options)
    TMV $29,813 (includes $1,542 options)
    Inv $28,750 (includes $1,436 options)

    There is a $2000 rebate being offered 'til 1/31/06.
    Options include: power sunroof, roof rack, leather steering wheel, cargo, 17" wheels, AC power point, tonneau cover, running lights
  • 3ems3ems Posts: 7
    I got it from AlHendrickson in Coconut Creek Florida.
  • skifunskifun Posts: 1
    Hello all. This is my first post on this forum.
    I live in Ontario Canada and I have been looking at buying an SUV for the past several months. I have decided on a V8 4Runner Limited because to me, it seems to be way ahead of the competition. I have a 5000lb+ boat to pull and I need the room because my wife and I are expecting our first child.
    A dealer not too far away has a new 2005 V8 Limited 4Runner with less than 100kms on it. He is asking $44,750 + 1810 frt, PDI, gas & air tax. After all the taxes we pay the drive away price will be $53,750.00.This price is about $2000 below the dealer's cost.

    This is about $4500-5500 less than buying a 2006 V8 Limited. Does this sound like a good deal?

    Thanks for any help anyone can provide.
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